On the record
The promise in our greenbacks carries with it an ultimate obligation to pay the silver dollar whose chink is so familiar in the commerce of the world.
Source
gutenberg.orgEditor's note · Context
Sumner asserts that greenbacks carry an obligation to ultimately pay in silver dollars.
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I am in favor of a tariff for revenue, such a one as will yield a sufficient amount to the treasury to defray the expenses of the government, economically administered.
Far above any flickering light or battle-lantern of party is the everlasting sun of Truth, in whose beams are the duties of men.
According to recent calculations, its annual cost is not less than a thousand millions of dollars.
It is a cause which, though long kept in check throughout our country, as also in Europe, now confronts the people and their rulers, demanding to be heard.
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